The Al Wathba housing project in Abu Dhabi was officially opened by Crown Prince Sheikh Khaled bin Mohamed.
The 875,000 square meter development, which cost more than Dh1.1 billion, will provide 347 new homes for citizens.
In addition to allotted land for commercial and community facilities, it comprises fifteen parks and four mosques that can accommodate 1,725 people each.
Sheikh Khaled was given an update on the project and given a tour of the eco-friendly house designs during the inauguration.
According to Sheikh Khaled, the housing project will guarantee stability and growth while providing for the needs of Abu Dhabi’s Emirati population.
The UAE is dedicated to giving Emiratis decent housing, and this new development is a part of that commitment.
A Dh2.74 billion housing support plan for Emiratis residing in the capital was approved this year by Sheikh Khaled. President Sheikh Mohamed’s orders will be followed in providing assistance for 1,800 citizens.
Under the program, low-income retirees and the surviving family members of mortgage holders will not be obliged to repay housing loans.
As part of the initiative, housing loans will also be given to eligible citizens.